Turkey ranks 25th globally in dollar millionaires, according to Knight Frank’s report, with 6,138 individuals having over 10 million dollars. The United States leads the world with 905,413 millionaires, while the total number of ultra-wealthy individuals globally exceeds 2.3 million and is expected to increase significantly by 2028.
According to Knight Frank’s “The Wealth Report 2025,” Turkey ranks 25th globally in the number of dollar millionaires, placing it just below Sweden, which holds the 24th position, while the Philippines and New Zealand occupy the 26th and 27th ranks, respectively. The report indicates that Turkey boasts 6,138 individuals with a net worth exceeding 10 million dollars.
The United States leads the world in dollar millionaires, with a noteworthy population of 905,413, followed by China, which has 471,634 dollar millionaires. Overall, the global count of individuals possessing over 10 million dollars surged by 41,000 over the last year, totaling 2.3 million, with projections anticipating this number to surpass 2.5 million by the year 2028.
Furthermore, the report highlights a significant milestone, noting that the number of individuals with a wealth exceeding 100 million dollars has crossed the threshold of 100,000. This statistic underscores the growing concentration of wealth at the highest levels across various regions.
In conclusion, Turkey’s position as the 25th country worldwide in terms of dollar millionaires reflects its evolving wealth distribution landscape. Knight Frank’s report underscores a rising global trend in wealth accumulation, with notable increases in both the number of millionaires and billionaires. The projections for future growth present both opportunities and challenges for economic development in countries like Turkey.
Original Source: www.duvarenglish.com
